Portman Ridge Finance Short Interest Ratio and Short Volume

+0.27 (+1.11 %)
(As of 09/17/2021 04:00 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume86,216 shs
Average Volume39,554 shs
Market Capitalization$223.95 million
P/E Ratio2.08
Dividend Yield9.89%

Portman Ridge Finance (NASDAQ:PTMN) Short Interest Data

Current Short Volume24,500 shares
Previous Short Volume194,800 shares
Change Vs. Previous Month-87.42%
Dollar Volume Sold Short$593,145.00
Short Interest Ratio / Days to Cover0.8
Last Record DateAugust, 31 2021
Outstanding Shares9,126,000 shares
Float Size8,870,000 shares
Short Percent of Float0.28%
Today's Trading Volume86,216 shares
Average Trading Volume39,554 shares
Today's Volume Vs. Average117.97%

Short Interest Over Time

Days to Cover Over Time

Percentage of Float Shorted Over Time

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Portman Ridge Finance (NASDAQ:PTMN) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
8/31/202124,500 shares $593,145.00 -87.4%0.3%0.8 $24.21
8/13/2021194,800 shares $5.01 million -7.0%N/A0.6 $25.70
7/30/2021209,400 shares $489,996.00 +9.9%0.3%0.6 $2.34
7/15/2021190,600 shares $449,816.00 -7.0%0.3%0.5 $2.36
6/30/2021204,900 shares $487,662.00 -37.4%0.3%0.5 $2.38
6/15/2021327,100 shares $788,311.00 -16.0%0.5%0.8 $2.41
5/28/2021389,400 shares $918,984.00 +4.8%0.5%0.9 $2.36
5/14/2021371,500 shares $899,030.00 +15.4%N/A0.8 $2.42
4/30/2021322,000 shares $750,260.00 -0.1%N/A0.7 $2.33
4/15/2021322,200 shares $779,724.00 +24.8%N/A0.7 $2.42
3/31/2021258,200 shares $552,548.00 +7.1%N/A0.6 $2.14
3/15/2021241,200 shares $523,404.00 -7.7%N/A0.5 $2.17
2/26/2021261,200 shares $540,684.00 +20.9%N/A0.6 $2.07
2/12/2021216,000 shares $453,600.00 +29.1%N/A0.5 $2.10
1/29/2021167,300 shares $332,927.00 -9.9%N/A0.4 $1.99
1/15/2021185,600 shares $345,216.00 +26.9%N/A0.5 $1.86
12/31/2020146,300 shares $254,562.00 +12.1%N/A0.4 $1.74
12/15/2020130,500 shares $212,715.00 +36.7%N/A0.4 $1.63
11/30/202095,500 shares $155,665.00 +3.2%N/A0.3 $1.63
11/15/202092,500 shares $133,200.00 -59.1%N/A0.3 $1.44
10/30/2020226,300 shares $291,927.00 -88.0%N/A0.9 $1.29
10/15/20201,890,000 shares $2.55 million +2.2%N/A8.1 $1.35
9/30/20201,850,000 shares $2.46 million +6.9%N/A8 $1.33
9/15/20201,730,000 shares $2.18 million +18.5%N/A7.1 $1.26
8/31/20201,460,000 shares $1.71 million +33.9%N/A6.3 $1.17

Institutional Investors Shorting Portman Ridge Finance (NASDAQ:PTMN)

This table shows institutional investors, funds, and major shareholders that have reported short positions as of their most recent reporting period. Most commonly, these investors have purchased put options on shares of Portman Ridge Finance. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Reporting DateInvestor NameShares Shorted (Previous)Shares Shorted (Current)Position ChangePosition Size
8/17/2021Citadel Advisors LLC29,50081,900+177.6%$195.00
8/12/2021Simplex Trading LLCN/A13,000N/A$30.00
8/11/2021Susquehanna International Group LLPN/A32,000N/A$76.00

Portman Ridge Finance (NASDAQ:PTMN) Short Interest FAQ

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What is Portman Ridge Finance's current short interest?

Short interest is the volume of Portman Ridge Finance shares that have been sold short but have not yet been covered or closed out. As of August 31st, investors have sold 24,500 shares of PTMN short. 0.28% of Portman Ridge Finance's shares are currently sold short. Learn More on Portman Ridge Finance's current short interest.

What is a good short interest ratio for Portman Ridge Finance?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Portman Ridge Finance currently has a short interest ratio of 1.0. Learn More on a good short interest ratio for Portman Ridge Finance

Which institutional investors are shorting Portman Ridge Finance?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Portman Ridge Finance: Citadel Advisors LLC, Simplex Trading LLC, and Susquehanna International Group LLP. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Portman Ridge Finance?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.28% of Portman Ridge Finance's floating shares are currently sold short.

Is Portman Ridge Finance's short interest increasing or decreasing?

Portman Ridge Finance saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 24,500 shares, a drop of 87.4% from the previous total of 194,800 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Portman Ridge Finance's float size?

Portman Ridge Finance currently has issued a total of 9,126,000 shares. Some of Portman Ridge Finance's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Portman Ridge Finance currently has a public float of 8,870,000 shares.

How does Portman Ridge Finance's short interest compare to its competitors?

0.28% of Portman Ridge Finance's shares are currently sold short. Here is how the short interest of companies in the industry of "investors, not elsewhere classified" compare to Portman Ridge Finance: Capital Southwest Co. (1.08%), PennantPark Floating Rate Capital Ltd. (0.84%), Gladstone Investment Co. (1.37%), TriplePoint Venture Growth BDC Corp. (0.00%), PennantPark Investment Co. (0.71%), TAAT Global Alternatives Inc. (0.00%), Stellus Capital Investment Co. (0.75%), Safeguard Scientifics, Inc. (2.41%), Elron Electronic Industries Ltd. (0.00%), and OFS Capital Co. (0.29%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Square, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

What does it mean to sell short Portman Ridge Finance stock?

Short selling PTMN is an investing strategy that aims to generate trading profit from Portman Ridge Finance as its price is falling. Portman Ridge Finance's stock is trading up $0.27 today. To short Portman Ridge Finance stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Portman Ridge Finance will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Portman Ridge Finance?

A short squeeze for Portman Ridge Finance occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of PTMN, which in turn drives the price of the stock up even further.

How often is Portman Ridge Finance's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PTMN, twice per month. The most recent reporting period available is August, 31 2021.

This page was last updated on 9/19/2021 by Staff
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